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Home / Metal News / Nickel ore inventories extend growth across Chinese ports

Nickel ore inventories extend growth across Chinese ports

Sep 7, 2018 16:01

Source:SMM

Port inventories grew 620,000 wmt from a week ago to 12.37 million wmt as of Friday Sep 7

SHANGHAI, Sep 7 (SMM) – Nickel ore inventories across all Chinese ports grew 620,000 wmt from a week ago to 12.37 million wmt as of Friday September 7, SMM data showed.

In metal content, stocks gained 5,000 mt on the week and stood at 103,000 mt.

Stocks across seven major Chinese ports rose by 300,000 wmt to 8.58 million wmt.

Inventory data

Nickel ore

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Nickel ore inventories at Chinese ports fell 36,000 wmt to 8.35 million wmt

Nickel ore inventories across all Chinese ports declined 36,000 wmt from August 21 to 8.35 million wmt as of August 28, showed SMM data.

Aug 28, 2020 18:30

Analysis

Nickel ore inventories at Chinese ports fell 36,000 wmt to 8.35 million wmt

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SMM Comments

Indonesian nickel ore FOB quotes rise to $45-47/wmt

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Nickel ore inventories extend growth across Chinese ports

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